|Well established, highly profitable CPA firm needs a strong Tax Manager or current Partner ready to move into a direct entry Partnership. The seller of this Jacksonville, Florida CPA firm are seeking a plan to transition their business. The firm is well established and well known in the area. The firm offers a good mix of revenues, a stable trained staff in place, a great location, and a great cash flow to the owner. They gross approximately $1 million in revenues and about $500k in cash flow. This is a tax and accounting firm.|
A CPA license is preferred, however the firm will also consider IRS certified EAs (Enrolled Agents.) The Tax Partner will be in charge of tax compliance, planning, review and preparation; and will supervise a small staff. They will have direct client contact and responsibility for client representation with the IRS and state tax agencies. Requires candidates with both strong tax technical skills and a very good credit rating, as they will need to qualify for an SBA loan for 75% of the value of the practice. No cash is required as a private investor will put up the 25% cash required in return for a limited equity position. The firm will consider out of town candidates, although local candidates are preferred. Additional positions available nationwide for Tax Managers looking to purchase CPA firms from retiring Partners.
Salary : $150,000 – $250,000